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Sangamon Sun

Wednesday, November 27, 2024

Route 54/ Sangamon Ave. home prices fall in December 2018

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The median sale price of a home sold in December 2018 in Route 54/ Sangamon Ave., a Springfield neighborhood, fell by $23,463 while total sales decreased by 11.1%, according to BlockShopper.com.

In December 2018, there were 16 homes sold, with a median sale price of $66,500 - a 26.1% decrease over the $89,963 median sale price for the same period of the previous year. There were 18 homes sold in Route 54/ Sangamon Ave. in December 2017.

The median sales tax in Route 54/ Sangamon Ave. for the most recent year with available data, 2017, was $1,664, approximately 2.5% of the median home sale price for December 2018.

The following table compares Route 54/ Sangamon Ave. to other Springfield neighborhood with similar median sales prices in December 2018:

NeighborhoodDec. 2018 Home SalesDec. 2017 Home Sales% change (Total Home Sales)Dec. 2018 Median Sales PriceDec. 2017 Median Sales Price% change (Median Sales Price)
Jerome660%$82,500$63,00031%
College Street/ Lawrence Avenue5366.7%$75,000$35,000114.3%
Route 97/ 9th Street62200%$73,875$43,25070.8%
Stanford Avenue/ Fox Bridge Road660%$70,000$51,72935.3%
Devereux Heights61500%$67,500$116,000-41.8%
Route 54/ Sangamon Ave.1618-11.1%$66,500$89,963.36-26.1%
Route 4/ Route 9767-14.3%$66,350$54,00022.9%
Grandview5425%$60,000$51,25017.1%
Ash Street/ Wirt Avenue35-40%$57,420$30,00091.4%
16th Street/ Ash Street19-88.9%$45,000$30,00050%
Arlington Heights52150%$37,000$64,000-42.2%

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